Rafidain Bank determines the period of repayment of modern car loans by installments

Rafidain Bank, on Wednesday, the term of repayment of modern car loans by installments, noting that the bank’s branches are available conditions for the purchase of cars.

The bank’s information office said in a statement received by Alsumaria News, a copy of it that “the repayment period of modern car loans up to five years, including a three-month grace period.”

The office added that “the type of loan granted for the purchase of cars by installments has been determined from the branches of the bank deployed in Baghdad and the provinces,” adding that “the citizen and employee can see the conditions to buy the car by going to branches of the bank.”

The Rafidain Bank, on April 22, 2018, announced the launch of loans for the purchase of modern cars for citizens and employees by installments.